PPP Loan information for Northern state electric co. inc.

$89,620

Northern state electric co. inc. was initially approved for PPP Loan of amount $89,620, the current approved amount is $89,620. The loan was approved on 01/29/2021 by The Lakeland Bank reported 3 jobs and $89,620 was used to fund payroll.

Northern state electric co. inc. is Existing or more than 2 years old

NORTHERN STATE ELECTRIC CO. INC.

Date Approved

01/29/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

NORTHERN STATE ELECTRIC CO. INC.

Borrower Address

20 Muller Pl

Borrower City

Little Falls

Borrower State

NJ

Borrower Zip

07424-1138

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

89620.00

Current Approval Amount

89620.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Little Falls

Project County Name

PASSAIC

Project State

NJ

Project Zip

07424-1138

CD

NJ-11

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

89618.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

90436.54

Forgiveness Date

01/03/2022

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